Donald Trump might not have enough money to pay E. Jean Carroll’s legal team the $83.3 million she won in a defamation lawsuit.
Roberta Kaplan, Trump’s lawyer, quickly refuted the president’s request to delay the judgment’s enforcement while his team attempts to overturn it on appeal.
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Following a $5 million damage award, Trump was found guilty of sexually abusing Carroll in a department store in New York during the 1990s.
“He simply asks the Court to ‘trust me’ and offers, in a case with an $83.3 million judgment against him, the court filing equivalent of a paper napkin; signed by the least trustworthy of borrowers,” Kaplan wrote in the filing.
She and her client are “concerned” that Trump might not have the money on hand to pay Carroll’s award because of the recent $454 million civil fraud verdict that was reached earlier this month, she said.
“To begin, recent developments give rise to very serious concerns about Trump’s cash position and the feasibility (and ease) of collecting on the judgment in this case,” she added.
Trump attempted to post a $100 million bond on Wednesday, but a judge in New York ruled that he must instead make the entire payment, which accrues interest daily if he does not pay the entire amount.
“Moreover, by the time the post-trial motions (or the appeal) are fully resolved, Trump may be in a very different position,” Kaplan noted.
